1056 E 6th Street,Long Beach, CA 90802
Long Beach, CA 90802
Description
Discover an exceptional investment opportunity in the heart of Long Beach's vibrant East Village/Alamitos Beach corridor. Situated just minutes from the beach, Downtown Long Beach, major transit lines, and an array of local dining, shopping, and entertainment, 1056 E. 6th St. offers an ideal blend of convenience, accessibility, and tenant appeal. The property consists of eight (8) well-maintained 1-bedroom/1-bath units and one (1) 2-bedroom/1-bath unit. This practical and efficient unit mix caters to the strong local demand for smaller rental units, supporting consistent occupancy and dependable renter interest. A standout feature is the property's existing four-car garage, providing secure, private on-site parking-an increasingly valuable amenity in this neighborhood. Additional parking is available directly in front of the garages, creating the potential for up to eight (8) total on-site parking spaces, depending on vehicle size and configuration and applicable local ordinances. The garage area may also present a compelling ADU conversion opportunity, potentially allowing an investor to add residential units, increase rentable square footage, and enhance the property's overall income potential. Buyers should independently verify parking configuration, ADU feasibility, unit count, permitting requirements, and development potential with the City of Long Beach and appropriate professionals. 1056 E. 6th St. is a proven income-producing asset located in one of Long Beach's most desirable rental submarkets. With its strong existing unit mix, valuable on-site parking, and potential value-add opportunity through ADU development, the property is well positioned for investors seeking stability, long-term appreciation, and additional upside from a strategically located multifamily investment.
Details
| MLS # | SB26180743 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1955 |
| Days On Site | 54 |
| Listing Provided By | Ocean Palisades Realty, Inc. | Christopher Eto |
Features
| SQ Feet | 5,570 |
|---|---|
| Garage | 4 |
| Story(s) | 2 |
| Units | 9 |
| Building(s) | 1 |
| Acreage | 0.15 |
Interior
| Cooling | Wall Window Units |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Six To Ten Units Acre |
|---|
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Utilities | Electricity Connected, Natural Gas Connected |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Curbs |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90802 |
| Area | 4 Downtown Area | Alamitos Beach |
| Community Name | Alamitos Beach (AB) |
| Listing VS Median (in Alamitos Beach (AB)) | |
Price: $2,200,000 low | high Med: $1,700,000 sqft: 5,570 low | high Med: 5,016 $ / sqft: $395 low | high Med: $339 On site: 54 low | high Med: 106 | |
Market Activity 90802
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90802 |
| Area | 4 Downtown Area | Alamitos Beach |
| Community Name | Alamitos Beach (AB) |
| Listing VS Median (in Alamitos Beach (AB)) | |
Price: $2,200,000 low | high Med: $1,700,000 sqft: 5,570 low | high Med: 5,016 $ / sqft: $395 low | high Med: $339 On site: 54 low | high Med: 106 | |
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